Few Spring Blossoms: Stores Face Tough Times With Desginer Business
These are tough times to be in designer retailing. Battling escalating prices for European collections and the shaky economy, American department and specialty store are facing particular challenges with their designer business this spring.
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The U.S. Commerce Department said Friday it will impose a 5 percent tariff on cotton socks imported from Honduras for six months in an effort to give relief to U.S. manufacturers who said they have been hurt by surging imports from Honduras.
“Customers are buying a lot of yellows and oranges,” said Tifani Wilt, fashion director of Macy’s West. “Anything with a fresh and new look, as well as prints or solids. Also, items with feminine detailing in sleeves or necklines, for instance, are…